Reliance Industries Limited announced the dissolution of its step-down wholly owned subsidiary, REC US Holdings, Inc. The entity was voluntarily dissolved in Delaware on July 6, 2026. REC US Holdings, Inc. was non-operating with Nil turnover in 2025 and a net worth of Rs. 0.0009 crore as of December 31, 2025. Its dissolution has no material impact on Reliance Industries.
Subsidiary Dissolution Confirmed
Reliance Industries Limited has officially disclosed the dissolution of REC US Holdings, Inc., a step-down wholly owned subsidiary. The certificate of dissolution was filed with the Secretary of State of Delaware on July 6, 2026, making the dissolution effective from that date. Consequently, REC US Holdings, Inc. has ceased to be a subsidiary of Reliance Industries Limited.
Financial Status of Dissolved Entity
REC US Holdings, Inc. was characterized as a non-operating company. Its turnover for the calendar year 2025 was reported as Nil. As of December 31, 2025, the net worth of REC US Holdings, Inc. stood at a nominal Rs. 0.0009 crore. This figure represented a negligible 0.0000001% contribution to the consolidated net worth of Reliance Industries Limited for the financial year 2025-26. The dissolution is not expected to have any significant financial impact.
Disclosure Timeline
This important intimation regarding the dissolution of REC US Holdings, Inc. was received by Reliance Industries Limited on July 8, 2026, at 1:18 a.m. (IST). The information is provided for the company’s records and for compliance purposes.
Source: BSE